GNG Electronics IPO Allotment Status, Allotment Date, and GMP

The GNG Electronics IPO allotment status will be available on Monday, July 28, 2025. Investors can check their allotment status on the NSE, BSE, or the official registrar’s website, Bigshare Services Pvt Ltd. The IPO opened on July 23, 2025, and by the end of Day 3, it was subscribed 150.21 times. Follow the simple steps below to check your GNG Electronics IPO allotment status.

How to Check GNG Electronics IPO Allotment Status on NSE

Below are the steps to check the GNG Electronics IPO allotment status on NSE:

Step 1: Visit the NSE website page “Verify IPO Bids” 

Step 2: Select the IPO symbol “EBGNG” from the dropdown menu.

Step 3: Enter the PAN No. and Application No 

Step 4: Click Submit.

Step 5: Once submitted, check the "Allotment Details" section for the IPO allotment status

How to Check GNG Electronics IPO Allotment Status on BSE

Follow these simple steps to check the GNG Electronics IPO allotment status on BSE:

Step 1: Visit the BSE “Status of Issue Application” page.

Step 2: Select the issue type as “Equity.”

Step 3: Select "GNG Electronics Limited" from the Issue Name section.

Step 4: Enter your IPO Application number or PAN number.

Step 5: Tick the “I’m not a robot” box to verify your identity.

Step 6: Click the “Search” button to view the GNG Electronics IPO allotment status.

How to Check GNG Electronics IPO Allotment on the Bigshare Website

Below are the steps to check the GNG Electronics IPO allotment status on the Bigshare Services website:

Step 1: Go to the “Bigshare Services IPO Status” page.

Step 2: Choose any server among the three servers and select “GNG Electronics” from the drop-down menu to select a company. 

Step 3: Enter your Application number/CAF NO or Beneficiary ID or PAN number correctly.

Step 4: Enter the correct captcha. 

Step 5: Click on “Search” to check the IPO allotment status

GNG Electronics IPO Subscription

By the end of Day 3, the GNG Electronics IPO was subscribed 150.21 times overall. Qualified Institutional Buyers (QIBs) led the subscriptions with an overwhelming 266.21x, followed by Non-Institutional Investors (NIIs) at 226.44x, while Retail Individual Investors (RIIs) subscribed at 47.36x.

GNG Electronics IPO Allotment Details

• IPO Open Date: Wednesday, 23rd July 2025

• IPO Close Date: Friday, 25th July 2025

• Allotment Date: Monday, 28th July 2025

• Initiation of Refunds: Tuesday, 29th July 2025

• Credit of Shares to Demat: Tuesday, 29th July 2025

• Listing Date: Wednesday, 30th July 2025

The GNG Electronics IPO has a total issue size of Rs. 460.43 crore, consisting a Fresh Issue of 400 crore and an Offer For Sale (OFS) of 60.44 crore. The issue price is fixed at Rs. 237 per share, and the minimum lot size is 63 shares.

GNG Electronics IPO GMP

According to InvestorGain, the latest GMP (Grey Market Premium) for GNG Electronics is 39.66%, which means the shares are expected to list at Rs. 331, giving investors a profit of Rs. 5922 per lot.

Company Overview of GNG Electronics IPO 

GNG Electronics Limited operates under the brand "Electronics Bazaar." It specialises in refurbishing ICT (Information and Communication Technology) Devices such as laptops, desktops, tablets, servers, premium smartphones, mobile workstations, and accessories. The company offers products that are functionally and aesthetically similar to new devices, often at a significantly lower price, backed by a 1 to 3-year warranty. 

The company has a strong global presence, with sales in 38 countries and 4,154 touchpoints across North America, South America, Asia, Asia Pacific, Europe, Africa, and the Middle East, supported by five refurbishing facilities in India, the USA, and the UAE. The company is India’s largest Microsoft Authorised Refurbisher and a certified refurbishment partner with Lenovo and HP. It also serves as an IT asset disposition (ITAD) partner for leasing companies, IT consulting companies, and banks. 

GNG Electronics' comprehensive refurbishment process includes screening, parts repair, motherboard repairs, and cosmetic work, along with data sanitisation using industry-standard protocols. The company's leadership is led by its founder and managing director, Sharad Khandelwal, who has 29 years of experience in the ICT industry. As of March 31, 2025, they earn 75.59% from the sale of laptops and 24.41% from other sources. Currently, they have 5,840 SKUs (stock keeping units). 

Quick Steps to Invest in IPOs with Rupeezy

Step 1: Download Rupeezy Trading App 

Step 2: Register and Complete Verification

Step 3: Open the app and Navigate to the IPO Section 

Step 4: Select “GNG Electronics”

Step 5: Click on Apply